Steve Jobs futuristic new Apple Campus is $2 billion over budget and will be finished a year later than planned says Bloomberg.
Steve Jobs biggest idea is the future Apple campus. The "spaceship" is a unique ring shaped building with curved glass panels. It is huge and its cost is huge too. Initially it was supposed to cost about $3 billion. As with many huge building projects the cost forecasts are wrong.
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BloombergBusinessWeek reports in an in-depth coverage about the new Apple Campus that sources said that the new Apple campus will cost about $5 billion. It is also one year behind schedule. Construction work starts this summer and the new Apple campus is supposed to be ready in 2016.
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Apple can of course afford it. Their cash pile is huge, but such reports hurt the image of the company.